$950,000
$995,000
4.5%For more information regarding the value of a property, please contact us for a free consultation.
5238 Cahuenga BLVD North Hollywood, CA 91601
6,255 Sqft Lot
Key Details
Sold Price $950,000
Property Type Vacant Land
Listing Status Sold
Purchase Type For Sale
MLS Listing ID SB23204652
Sold Date 01/05/24
HOA Y/N No
Lot Size 6,255 Sqft
Property Description
Amazing development potential awaits in the vibrant NoHo Arts District. This 6,254 square-foot lot is classified as R3 zoning and is situated within an opportunity zone. You have the option to construct high-end apartment units or multiple townhomes on this prime piece of land. North Hollywood is currently witnessing a surge in new construction, with numerous ongoing or recently finished projects. Modern apartment complexes and mixed-use developments are emerging along bustling streets, providing residents with convenient access to shops, dining, and entertainment. Seize this outstanding chance to invest in a premium development in one of North Hollywood's most desirable neighborhoods. Owner financing available.
Location
State CA
County Los Angeles
Area Nho - North Hollywood
Zoning LAR3
Interior
Fireplace No
Exterior
Community Features Biking, Curbs, Golf, Street Lights, Sidewalks, Park
View Y/N No
View None
Building
Lot Description Near Park
Water Public
New Construction No
Others
Senior Community No
Tax ID 2117004010
Acceptable Financing Cash, Owner May Carry
Listing Terms Cash, Owner May Carry
Financing Seller Financing
Special Listing Condition Standard
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Bought with Christiano Sampaio • Loftway